2012 SESSION

Convened January 11, 2012
Adjourned sine die March 10, 2012
Reconvened April 18, 2012
Adjourned sine die April 18, 2012

SALES AND USE TAX

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation

(C) Carried over

Retail sales and transient occupancy taxes; provides that taxes on room rentals are computed based upon total charges or price paid for use or possession of room. Amending §§ 58.1-602, 58.1-603, 58.1-612, 58.1-3819, 58.1-3823, 58.1-3824, 58.1-3825, 58.1-3825.2, 58.1-3826, 58.1-3842, 58.1-3843, Chapter 834, 1992 Acts (carried by reference in Code as § 58.1-3820), and Chapter 111, 2006 Acts (carried by reference in Code as § 58.1-3821); adding § 58.1-3818.8. (Patron-Hanger, SB 671 (C))

Retail Sales and Use Tax; adds Cities of Winchester and Lynchburg to list of localities that are entitled to revenues generated at certain public facilities. Amending § 58.1-608.3. (Patron-Vogel, SB 684 (Chapter 678))

Retail Sales and Use Tax; adds City of Bristol to list of localities that are entitled to revenues generated at certain public facilities. Amending § 58.1-608.3. (Patron-O’Quinn, HB 1116 (Chapter 789); Carrico, SB 607 (Chapter 830))

Retail Sales and Use Tax; adds veterans organizations to those nonprofit entities that qualify. Amending § 58.1-609.11. (Patron-McDougle, SB 114 (C))

Retail Sales and Use Tax; amends definition of retail sale to include lottery tickets. Amending §§ 58.1-602 and 58.1-4025. (Patron-Ruff, SB 642 (C))

Retail Sales and Use Tax; clarifies amount of revenue authorized tourism project is entitled. Amending § 58.1-3851.1. (Patron-Watson, HB 581 (Chapter 73); Norment, SB 414 (Chapter 572))

Retail Sales and Use Tax; distribution of revenue to localities based on school-age population. Amending § 58.1-638. (Patron-Carr, HB 832 (C))

Retail Sales and Use Tax; establishes two-year sales tax moratorium for construction materials and supplies purchased by licensed contractors. Amending § 58.1-609.3. (Patron-Stanley, SB 70 (C))

Retail Sales and Use Tax; exemption includes certain computer equipment and enabling software. Amending § 58.1-609.3. (Patron-Herring, SB 232 (I) See SB112)

Retail Sales and Use Tax; exemption includes certain computer equipment and enabling software, sunset clause. Amending § 58.1-609.3. (Patron-Comstock, HB 216 (Chapter 655); McDougle, SB 112 (Chapter 613))

Retail Sales and Use Tax; exemption includes computers and related computer equipment. Amending § 58.1-611.2. (Patron-Cline, HB 247 (F); Marshall, D.W., HB 565 (F))

Retail Sales and Use Tax; exemption includes gold, silver, and platinum bullion. Amending § 58.1-609.1. (Patron-Miller, HB 207 (C))

Retail Sales and Use Tax; exemption includes hurricane preparedness products and energy-efficient or water-efficient products. Amending §§ 58.1-609.1 and 58.1-611.3; repealing third enactment of Chapter 608, 2007 Acts. (Patron-Cosgrove, HB 236 (F))

Retail Sales and Use Tax; exemption on renewable energy equipment. Adding § 58.1-611.4. (Patron-Lopez, HB 787 (C))

Retail Sales and Use Tax; exemption on tangible personal property sold or leased to public transportation companies operated by locality. Amending § 58.1-609.1. (Patron-Bell, Robert B., HB 959 (Chapter 95); Reeves, SB 40 (Chapter 276))

Retail Sales and Use Tax; extends sunset date for exemption of certain educational materials. Amending § 58.1-609.6. (Patron-Scott, E.T., HB 299 (Chapter 411))

Retail Sales and Use Tax; extends sunset dates for limited exemption periods for hurricane preparedness equipment and for certain energy efficient products. Amending second enactment of Chapters 176 and 817, 2007 Acts and third enactment of Chapter 608, 2007 Acts. (Patron-Purkey, HB 513 (Chapter 597))

Retail Sales and Use Tax; extends sunset provision for certain educational materials until July 1, 2017. Amending § 58.1-609.6. (Patron-Reeves, SB 37 (Chapter 275))

Retail Sales and Use Tax; increased from four percent to five percent, and distribution of revenues. Amending §§ 58.1-603, 58.1-604, 58.1-604.1, 58.1-614, 58.1-638, and 58.1-639; adding § 33.1-23.03:11. (Patron-Putney, HB 1239 (F))

Retail Sales and Use Tax; presumption of sufficient activity to require dealer to register. Amending § 58.1-612. (Patron-Wagner, SB 597 (Chapter 590))

Retail Sales and Use Tax; removes $2,000 cap on amount of tax imposed on watercraft. Amending § 58.1-1402. (Patron-Englin, HB 145 (F))

Retail Sales and Use Tax; use tax be reported annually. Amending § 58.1-604.2. (Patron-Stuart, SB 181 (C))

Retail Sales and Use Tax and motor fuels tax; funds for transportation. Amending §§ 58.1-638, 58.1-2217, 58.1-2249, 58.1-2289, 58.1-2701, and 58.1-2706. (Patron-Albo, HB 899 (F))

Tax information; reports or information provided by Attorney General to tobacco products manufacturer. Amending §§ 58.1-3 and 58.1-3.2. (Patron-Albo, HB 52 (Chapter 395))

Transportation Trust Fund; increases amount of sales and use tax revenue dedicated to Fund. Amending §§ 33.1-23.03:1 and 58.1-638. (Patron-Cole, HB 23 (F))